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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Oct 22, 1970
Page
6
In Montgomery City South ern Corn leaf blight shifts seed choices. N hybrids offer tolerance to the new blight strain, while T hybrids may be vulnerable to race T. B hybrids blend N and n seeds, providing hedged risk. Growers face tradeoffs as seed blends could outperform TT in some areas.
A USA survey shows farm real estate prices rose 4 percent in the year ending March 4, slower than 5 percent the prior year and 6 percent in 1988. Tight credit, uncertain crop programs, and seller financing dominated the market while production costs rose. Illinois, Indiana, Kansas, and North Carolina saw small declines, Texas up 5 percent yearly but only 1 percent November to March. Prices still trend upward over the long run despite current sluggishness.
Palm notes the key factor is the tolerance percentage in seed blends with 50 50 giving half tolerant plants and 80 20 requiring care in hard hit areas. Detasseling hybrids may need manual work again as finding workers is difficult in this era.
Farm management expert Dale Schwarre notes the September Hogs and Pigs Report shows continued rise in hog numbers but limited profit prospects. U of Missouri analyst Glen Grimes cites 14 percent more June-August farrowings and 13 percent higher September-November intentions, with Missouri up 28 and 15 percent. Prices likely steady near late September levels through mid-October, then dip to 18–19 per cwt as marketings grow. 10–17 percent larger marketings could keep prices from rising through winter into spring.
Local wheat growers in Audrain County learn their shares of the 1988 export certificate pool under the Wheat Research and Promotion Act. Eligible producers with $3 or more will be notified by the County ASCS office of their share and options. They may take cash now or leave funds in the pool to finance land purchases, aiding farm efficiency and technology uptake. Notices are mailed by Friday with details and deadlines.
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